Articles - Perfect Accounting

Fast Track Exit Scheme (Section 248): Step-by-Step ...

The Fast Track Exit route lets a genuinely dormant company close in months rather than years — but only if every box is ticked before you file. Here's ...

Slump Sale Under Section 50B: Tax Treatment, Valua ...

Selling a business as a going concern looks simple on a term sheet — until the tax computation and valuation paperwork catch up with it. Here's how Se ...

Demerger and Scheme of Arrangement in India: NCLT ...

A demerger done right is tax-neutral and clean on the register. Done wrong, it stalls at NCLT for a year and triggers a tax demand the deal never pric ...

Reduction of Share Capital: Legal Process, Approva ...

Reducing share capital isn't just a board decision — it's a court-supervised process built around protecting creditors. Here's what the approval chain ...

Winding Up an LLP in India: Process, Timelines and ...

An LLP doesn't disappear just because partners stop operating it. Here's the actual process for closing one down — and why most rejected applications ...

New Income Tax Act 2025: What Changes for Business ...

The Income-tax Act, 1961 has been replaced. Most of the substance carries over, but the renumbering, simplified language, and a few structural changes ...

Transitioning to the Income Tax Act 2025: A Compli ...

Knowing the new Act exists is not the same as being ready for it. Here's the operational checklist companies should work through before the first fili ...

Angel Tax Abolition and Its Aftermath: Why Startup ...

Angel tax is gone, but the reasons startups needed good valuations never went away. If anything, removing the tax trigger means valuation now has to e ...